Honeywell and AEC sign MoA for Saudi smart city projects

By Andrew Woods
Advanced Electronics Company has signed a Memorandum of Agreement (MoA) with Honeywell to collaborate on business...

Advanced Electronics Company has signed a Memorandum of Agreement (MoA) with Honeywell to collaborate on business development activities for smart and connected buildings, smart cities and critical infrastructure protection in Saudi Arabia.

AEC, the Riyadh based Saudi Economic Offset Program Company and Honeywell will be working to develop long-term, strategic co-operation plans to jointly develop new business opportunities that will enable smart buildings and cities in Saudi Arabia, in support of the goals and objectives of Saudi Vision 2030, which has placed significant emphasis on sustainable development and economic diversification.

SEE ALSO:

Commenting on this agreement, Eng. Majed Al-Refae, AEC’s Vice President of Energy said: “This agreement reaffirms and demonstrates yet another example of the high quality of work performed by our employees, the majority of whom are Saudis.”  “By working with technology leaders like Honeywell, AEC can expand its manufacturing and technology base and provide more meaningful employment opportunities to qualified Saudis.” 

"We are proud to strengthen our partnership with AEC, which is an important step forward in supporting the development of smart buildings and cities in Saudi Arabia. This MoA will support the objectives of the country’s long-term vision of creating greater energy efficiency and sustainability,” said Meziane Ghaoui, regional general manager, Honeywell Building Solutions, Saudi Arabia.

 

 

Share

Featured Articles

UK and US announce energy partnership

The agreement will work towards reducing global dependency on Russian energy exports, stabilising energy markets, and stepping up collaboration

Alfa Laval to supply world’s largest green hydrogen plant

The facility is being built in NEOM, the US$500bn futuristic city being developed in Saudi Arabia

COP27 agrees to climate compensation fund

The deal is said to be a historic first in acknowledging the vast inequities of the climate crisis

North America's natural gas can help mitigate energy crisis

Oil & Gas

COP27: Egypt and Norway to build 100MW green hydrogen plant

Renewable Energy

Renewable energy company Masdar opens office in Saudi Arabia

Renewable Energy